Ferrellgas Partners (OTCMKTS:FGPR) Sees Strong Trading Volume - Here's Why

Key Points

• Ferrellgas Partners, L.P. (OTCMKTS:FGPR) experienced a 73% increase in trading volume, with approximately 8,249 shares traded on Wednesday, up from 4,771 shares the previous session.
• The stock price rose by 2.3% to $15.00, compared to its previous close of $14.53, contributing to a market capitalization of $1.44 billion.
• Ferrellgas Partners operates by distributing and selling propane and related equipment, including portable tank exchange services under the Blue Rhino brand.

Ferrellgas Partners, L.P. (OTCMKTS:FGPR - ) saw unusually-high trading volume on Wednesday . Approximately 8,249 shares were traded during trading, an increase of 73% from the previous session's volume of 4,771 shares.The stock last traded at $15.00 and had previously closed at $14.53.

Ferrellgas Partners Trading Up 2.3%

The business has a 50 day simple moving average of $14.65 and a 200-day simple moving average of $11.75. The stock has a market capitalization of $1.44 billion, a price-to-earnings ratio of -17.48 and a beta of 2.99.

Ferrellgas Partners Company Profile

Ferrellgas Partners, L.P. distributes and sells propane and related equipment and supplies. The company transports propane to propane distribution locations, tanks on customers' premises, or to portable propane tanks delivered to retailers. It conducts its portable tank exchange operations under the Blue Rhino brand name through a network of independent and partnership-owned distribution outlets.

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